Investors felt a rise in confidence as the last week of trading came to a
close. Economic news in the U.S. was mixed throughout the majority of the last
week. Then, the jobs data posted Friday to positively skew the last weeks
economic news overall. The primary indices in the U.S. climbed across the board
to close out the week, primarily supported by the rise in job stats for January.
According to the data posted via the U.S. government, the U.S. economy added
approximately 243,000 jobs during the month of January. This increase
represented the largest increase in jobs added since April of 2010. The national
unemployment rate dropped overall to 8.3 percent. This mark represented the best
rate posting for unemployment in three years. In addition to this positively
skewed news, manufacturing data also posted an increase in January at a pace
better than any seen in seven months. Fridays reports suggests the U.S. economy
is in full-swing recovery mode. Dow Jones Industrial Average, Nasdaq, S&P 500
Stock Market Investing News Today: The DJIA , as well as the Nasdaq and the S&P
500, closed green across the board to end the last week of trading. The Dow
Jones Industrial Average closed the last session higher by 1.23 percent at
12,862.23. The Nasdaq finished the last session green by 1.61 percent at
2,905.66. The S&P 500 finished the last session higher for the day by 1.46
percent at 1,344.90. Morning Update Trading Session Today: Futures for the
primary indices in the U.S. were posting red prior to opening bell this morning.
Futures for the DJIA were negative by .34 percent at that point. The Nasdaq
futures were red by .36 percent and the S&P 500 futures were posting red by .44
percent just prior to opening this morning.
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